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Tradtional IRA should be nondeductible - but TT says it is
Hi- using TT Deluxe desktop Windows. Married filing separately. Receiving pension, investment income, and earned income that put MAGI above the $10,000 limit (for married filing separately) above which a traditional IRA contribution is not deductible. But TT Deluxe says my traditional IRA contribution *is* deductible! Why?
I know I can simply tell TT to make it nondeductible, but I want to understand why TT even thinks this is an option when it should not be. Thanks!
‎April 5, 2023
6:46 AM